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Global Quantum Computing Market to Surge with CAGR of 30.0% and Generate a Revenue of $667.3 Million from 2020 to 2027 - Exclusive Report [193 pages] by Research DiveQuantum computing market is expected to rise in forecast period. The consulting solutions sub-segment is anticipated to gain huge profits. The machine learning sub-segment is predicted to generate maximum revenue and Europe region is likely to dominate the market NEW YORK, Aug. 18, 2021 /PRNewswire/ -- Research Dive has published a new report, titled, 'Quantum Computing Market, by offering Type [Consulting solutions, Systems], Application (Machine Learning, Optimization, and Material Simulation), End-User (Chemicals, Space and Defence, Healthcare, Automotive, Banking and Finance, Energy & Power), and Regional Analysis (North America, Europe, Asia Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2020–2027.'
The Global Quantum Computing Market is predicted to garner a significant revenue of $667.3 million, from a considerable market size of $88.2 million in 2019, with CAGR of 30.0% in forecast timeframe, 2020-2027. Regional Analysis: Quantum Computing Market The European quantum computing market is estimated to rise from $28.2 million in 2019 and surpass $221.2 million by 2027. Numerous sectors in Europe such as healthcare, utilities, chemicals, and pharmaceuticals are opting for quantum computing. Moreover, applications of quantum computing in the fields of cryptography, development and discovery of new drugs, cyber security, and defense are expected to augment the market in the forecast period, 2020-2027. Download PDF Sample Report of Quantum Computing Market [80 page] Covid-19 Impact on the Quantum Computing Market The coronavirus pandemic is expected to impact the quantum computing market in a positive way. Quantum computing's ability to offer enhanced optimization and carry out vital calculations is projected to increase its importance. Furthermore, quantum computing can enable material science and pharmaceutical companies to generate techniques for examining large molecules. Apart from this, drugs can be developed and researched with the aid of quantum computing. These factors are driving the market forward during the Covid-19 pandemic. Access our comprehensive analysis of the IMPACT OF COVID-19 ON QUANTUM COMPUTING MARKET Key Segment Findings of the Market The report classifies the market into segments based on offering type, application, end-user, and regional analysis.
Market Dynamics The quantum computing market is increasing rapidly due to rise in cyber-attacks such as phishing, ransomware and others as quantum computing is advanced enough to provide security to software systems. This factor is expected to enhance the market growth in the forecast period. However, lack of awareness about quantum computing and shortage of skilled employees is projected to hinder the market growth. Nevertheless, government and company initiatives may create several opportunities for the market growth in the forecast period. Top 10 Key Market Players and Business Strategies Some of the leading quantum computing market players includes
They are focusing on advanced product developments and merger & acquisition. These are some of the strategies conducted by the startups as well as established business organizations. -Inquire and Get Quick Access to Top Companies Development Strategies Summary Report [80 pages] More about Quantum Computing: Global Quantum Computing Market to Face Exponential Growth in the Coming Years Quantum Computing: A Big Wave of Revolution in the Computing Arena Related Trending Topics:
About Research Dive: Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge. Contact Us: Mr. Abhishek Paliwal Research Dive 30 Wall St. 8th Floor, New York NY 10005 (P) +91-(788)-802-9103 (India) Toll Free: 1-888-961-4454 E-mail: [email protected] Website: https://www.researchdive.com Blog: https://www.researchdive.com/blog/ LinkedIn: https://www.linkedin.com/company/research-dive/ Twitter: https://twitter.com/ResearchDive Facebook: https://www.facebook.com/Research-Dive-1385542314927521 Logo: https://mma.prnewswire.com/media/997523/Research_Dive_Logo.jpg 
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